BRUSSELS (Reuters) - European countries haggled on Tuesday over a scheme to insulate taxpayers from the costs of bank failures, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform.
The protracted talks show the politically charged nature of the plan to disentangle states and the banks from which they borrow. A future agency to wind down failing banks, and a fund to pay for the clean-up, will complement European Central Bank supervision of euro zone banks.
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